Sam Bankman-Fried's ex Caroline Ellison sobs as she's sentenced to two years in jail over huge FTX fraud

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Sam Bankman-Fried's ex Caroline Ellison sobs as she's sentenced to two years in jail over huge FTX fraud

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Caroline Ellison, the ex-girlfriend of FTX ringleader Sam Bankman-Fried, was sentenced to two years for her role in the $8 billion crypto fraud and was seen frequently tearing up during the hearing Tuesday. Ellison, 29, was handpicked by Bankman-Fried to be CEO of Alameda Research, a crypto trading company that had strong ties to FTX, the crypto exchange used by every day customers before it collapsed in November 2022.
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